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单词 wealth effect
释义

wealth effect

From Longman Business Dictionarywealth effectˈwealth efˌfect [singular]ECONOMICS the effect of share prices on spending. For example, when share prices are high, investors feel that they can afford to spend a lot of moneyAfter the stockmarket crash, pessimists cited the wealth effect to support forecasts of deep recession. effect
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更新时间:2025/3/10 4:34:11